The top 10 mutual fund houses based on the total AUM account for around 78% of the total AUM. The total AUM of the mutual fund industry was Rs 54.02 lakh crore as of January 31, 2024, according to data by ACE MF. The other 34 mutual fund houses account for 22%. Here’s the list:
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,